Which of the following statements is correct?

a. A large, well-known corporation such as Intel generally would use financial intermediation to finance expansion of its facilities.
b. On average, managed funds outperform indexed funds.
c. Unlike corporate bonds and stocks, checking accounts are a medium of exchange.
d. A mutual fund is a financial market.


c

Economics

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Getting a college degree is an example of investing in

A. physical capital. B. research and development. C. technology. D. human capital.

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To test whether the overall regression equation is statistically significant one uses

A. the standard error statistic. B. the F-statistic. C. the t-statistic. D. the R2-statistic.

Economics

Bio seeds offers free genetically modified seeds (GMS) to farmers in developing countries the first season. The land accepts only GMS in any other cropping season. So providing free seeds in the first season is a strategic way to

A. enforce price discrimination. B. regulate future demand. C. bundle goods. D. administer a two-part tariff.

Economics

People scalping tickets for a jazz festival will be successful at selling the tickets for a profit

A. any time the jazz festival is popular. B. when prices are too high. C. when the price set by the festival organizers is less than the market equilibrium price. D. only when there is excess supply.

Economics